The average daily volume of a computer stock in 2011 was u= 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2014 is different from the 2011 level. Based on a random sample of 30 trading days in 2014, he finds the sample mean to be 25.4 million shares, with a standard deviation of s= 12.2 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Ho: H 35.1 million shares H: H * 35.1 million shares (b) Construct a 95% confidence interval about the sample mean of stocks traded in 2014 The lower bound is million shares. million shares. The upper bound is (Round to three decimal places as needed.)

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The average daily volume of a computer stock in 2011 was p=35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2014 is different from the 2011 level. Based on a random sample of 30 trading
days in 2014, he finds the sample mean to be 25.4 million shares, with a standard deviation of s = 12.2 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below.
(a) State the hypotheses for the test.
Ho: H
H: H
= 35.1 million shares
* 35.1 million shares
(b) Construct a 95% confidence interval about the sample mean of stocks traded in 2014.
The lower bound is
million shares.
The upper bound is million shares.
(Round to three decimal places as needed.)
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Transcribed Image Text:The average daily volume of a computer stock in 2011 was p=35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2014 is different from the 2011 level. Based on a random sample of 30 trading days in 2014, he finds the sample mean to be 25.4 million shares, with a standard deviation of s = 12.2 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Ho: H H: H = 35.1 million shares * 35.1 million shares (b) Construct a 95% confidence interval about the sample mean of stocks traded in 2014. The lower bound is million shares. The upper bound is million shares. (Round to three decimal places as needed.) Question Viewer Enter your answer in the edit fields and then click Check Answer. Check Answer Clear All 1 remaining MacBook Air 80 888 F5 F4 F3 esc FI F2 & %3D # 8 9 ! @ 3 4 1 Y W E R Q tab K F G S D く ンビ つ エ
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